NOT LISTED FOR SALE

71 Franklin Place Summit, NJ 07901

Estimated Value: $1,623,786

3 Beds
3.5 Baths
-- Sq Ft
$539/mo HOA Fee

Last Sold June 09, 2021

Last sale price $1,252,500

Est. 30% increase in value since last sale

Current estimated payment $11,165/month

8 Days on Market

Highlights

  • Recreation Room
  • 3-minute walk to Summit
  • Wood Flooring
  • L C Johnson Summit Middle School Rated A+
  • Cathedral Ceiling
  • 4-minute walk to Mabie Memorial Playground

About This Home

As of June 2021

Sophisticated living in downtown, steps to the lively streets filled with restaurants & shops. The train station is a quick walk, making commuting a breeze. Enjoy outdoor space, a rare opportunity to cherish. With a patio & fenced backyard, this townhouse is unique. Inside, find a versatile floor plan with parlor that can be used as a sitting room or office, an open kitchen with island, dining area & family room for easy living & entertaining. Upstairs, three generous bedrooms with a primary suite with two custom outfitted walk-in closets, en suite bathroom w/double vanity. Custom blinds throughout. Double closets in the other two bedrooms that share a hall bath with double vanity. The basement is not to be missed, with a full recreation room, bathroom, laundry room with built-in cabinetry. A rare find.

Last Listed By

ELIZABETH LANDY

KELLER WILLIAMS REALTY Listed on: 04/29/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,331

Year Built

  • Built in 2016

Lot Details

  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $539 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Composition Shingle
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Finished Basement
  • Garage Access

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-02614-0000-00026-0001-C0013
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,331

Year Built

Built in 2016

Lot Details

0

HOA Fees

$539 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2016
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: Freezer in garage.
  • Street Number Display: 71
  • Directions: Summit Avenue to Franklin Place
  • I D: 5066229
  • Modified: 2022-06-10
  • Number Images: 25
  • Section Subdiv Development: The Village Courtyard
  • First Name: ELIZABETH
  • First Name3: LISEL
  • Last Name: LANDY
  • Last Name3: PERSELAY
  • Office Phone3: 732.449.6200
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, High Ceilings, Smoke Detector, StallTub, TubShowr, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath Main, Laundry Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Level: Basement
  • Other Room 2: Laundry Room
  • Other Room2 Level: Basement
  • Other Room 3: Bathroom
  • Other Room3 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, GarEnter, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Patio, Privacy Fence, Sidewalk, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Public Available
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 539
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: .131AC
  • Assessed Improvement Value: 392900
  • Assessed Land Value: 119300
  • Assessment: 512200
  • Easement: Unknown
  • Lot Identifier: 26.01
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Call

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 22331
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-02614-0000-00026-0001-C0013
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.360
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 3, 2021
Sold by
Eckles Heather and Eckles Paul
Bought by
John N Poole 2012 Revocable Living Trust and Sharon T Poole 2012 Rlt
Seller's Agent
ELIZABETH LANDY
KELLER WILLIAMS REALTY
Buyer's Agent
LISEL PERSELAY
WARD WIGHT SOTHEBY'S INT REALTY
List Price
$1,100,000
Sold Price
$1,252,500
Premium/Discount to List
$152,500
13.86%
Total Days on Market
8
Current Estimated Value
$1,623,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,286
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Oct 29, 2020
Sold by
Eckles Paul and Eckles Heather
Bought by
Eckles Heather and Eckles Paul

Purchase Details

Closed on
Apr 17, 2015
Sold by
68 72 Franklin Pl Llc
Bought by
68 72 Franklin Pl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,906,500
Interest Rate
3.62%
Mortgage Type
Commercial

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
John N Poole 2012 Revocable Living Trust $1,252,500 Commonwealth Land Ttl Ins Co
Eckles Heather -- None Available
68 72 Franklin Pl Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eckles Paul M $918,750
Previous Owner 68-72 Franklin Place Llc $9,906,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $1,252,500 +13.9% --
05/07/2021 05/07/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $1,100,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $119,300 $119,300 $0
2016 $5,131 $119,300 $119,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3708409

Garden State MLS

APN: 18-02614-0000-00026-01